Alector
ALEC
63 hedge funds and large institutions have $551M invested in Alector in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more capital inflows, than outflows
Capital inflows: $43.7M | Capital outflows: $35.7M
17% more funds holding
Funds holding: 54 → 63 (+9)
0.48% more ownership
Funds ownership: 41.72% → 42.2% (+0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.68M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.81M |
| 3 |
BAMCO Inc
New York
|
+$4.95M |
| 4 |
Casdin Capital
New York
|
+$4.47M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$4.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.94M |
| 2 |
Laurion Capital Management
New York
|
-$4.68M |
| 3 |
Deerfield Management
New York
|
-$4.26M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$4.09M |
| 5 |
ACP
Acuta Capital Partners
Redwood City,
California
|
-$3.74M |
ALEC Hedge Fund Activity: Q2 2019 in Review
63 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Alector (ALEC) for Q2 2019, worth a combined $551M — up 4.8% from $526M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ALEC positions and 5 closed out — a net gain of 9 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, adding an estimated $8.68M. The largest seller was Millennium Management, cutting an estimated $7.94M.
- 63 institutional investors held Alector (ALEC) as of Q2 2019, up from 54 in Q1 2019.
- Funds reported $551M of Alector stock for Q2 2019, up 4.8% quarter-over-quarter.
- 14 funds opened new Alector positions in Q2 2019 and 5 closed out, a net change of +9 holders.
- The largest Alector buyer in Q2 2019 was BlackRock, an estimated $8.68M added.
- The largest Alector seller in Q2 2019 was Millennium Management, an estimated $7.94M sold.
Based on aggregated 13F filings for Q2 2019.